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The Ethos of Economics with John Cogan and Kevin Warsh | Peter Robinson | Hoover Institution

Uncommon Knowledge

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Is It Biden's Administration or Biden and the Democrats?

Biden administration is following policies that are restricting supply. You see it most acutely in the energy sector, but it extends out into the labor markets as well. Back then Reagan's fiscal policy was very consistent with Volcker's monetary policy. And the Biden administration more spending on tap, higher taxes on tap.

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